Tag: steel billet spread India

India: BigMint’s scrap index remains stable d-o-d reflecting broader steel market trends

Jul 10, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices up INR 200/t d-o-d Semis, finished steel prices remain stable BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d at INR 35,800/tonne (t) DAP on 10 July. The scrap market witnessed a moderate trend today, in line with stable prices in the semi-finished and finished steel segments in…